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The voice recognition biometrics market is forecasted to grow by USD 5.42 billion during 2023-2028, accelerating at a CAGR of 25.6% during the forecast period. The report on the voice recognition biometrics market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising prominence of voice recognition biometrics in bfsi sector, increasing adoption of technology in healthcare sector, and popularity of voice recognition among law enforcement.
The voice recognition biometrics market is segmented as below:
By Type
- Active voice biometrics
- Passive voice biometrics
By End-user
- BFSI
- Government
- Telecommunication
- Healthcare
- Others
By Geographical Landscape
- North America
- APAC
- Europe
- South America
- Middle East and Africa
The report on the voice recognition biometrics market covers the following areas:
- Voice Recognition Biometrics Market sizing
- Voice Recognition Biometrics Market forecast
- Voice Recognition Biometrics Market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global voice recognition biometrics market: Aculab Plc, Auraya Systems Pty. Ltd., Aware Inc., Imageware Systems Inc., Kaizen Voiz, LumenVox GmbH, Microsoft Corp., Mitek Systems Inc., NICE Ltd., OneVault Pty. Ltd., Optimal Technology Solutions LLC, Phonexia Sro, Pindrop Security Inc., Sensory Inc., Speech Technology Center Ltd., ValidSoft Group, Verint Systems Inc., Voice Biometrics Group, VoicePIN.com Sp zoo, and Voxta.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is introduction of voice recognition biometrics in automotive sector."
According to the report, one of the major drivers for this market is the rising prominence of voice recognition biometrics in bfsi sector.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Aculab Plc
- Auraya Systems Pty. Ltd.
- Aware Inc.
- Imageware Systems Inc.
- Kaizen Voiz
- LumenVox GmbH
- Microsoft Corp.
- Mitek Systems Inc.
- NICE Ltd.
- OneVault Pty. Ltd.
- Optimal Technology Solutions LLC
- Phonexia Sro
- Pindrop Security Inc.
- Sensory Inc.
- Speech Technology Center Ltd.
- ValidSoft Group
- Verint Systems Inc.
- Voice Biometrics Group
- VoicePIN.com Sp zoo
- Voxta
